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NEW YORK CITY — Madison Realty Capital (MRC) has provided $31 million in financing for an eight-story building in Brooklyn. MRC provided $21 million in acquisition debt and $10 million in construction financing for the property, located at 29 Ryerson St. in the Wallabout/Clinton Hill neighborhood. Built in 1951, the 214,710-square-foot building is currently used as a storage warehouse. The borrower plans to renovate and transform the property into a Class A office building. The property also includes approximately 70 feet of frontage on Flushing Avenue.